Product Code: ETC6185061 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australias MICE tourism market is gaining prominence as a key segment within the travel and hospitality industry. Cities like Sydney, Melbourne, and Brisbane offer state-of-the-art conference facilities, diverse accommodation options, and rich cultural experiences, attracting corporate and incentive travel. Tourism Australia and other government bodies have launched initiatives to boost business travel and host global events. Sustainability, immersive experiences, and post-conference leisure travel are becoming integral to MICE tourism offerings.
MICE tourism in Australia is gaining renewed momentum, especially in cities like Sydney, Melbourne, and Brisbane. With improved infrastructure, government incentives, and world-class venues, Australia is reinforcing its position as a premium MICE destination in the Asia-Pacific region. The rise of bleisure (business + leisure) travel and demand for sustainable event practices are reshaping the strategies of convention bureaus and travel agencies.
The MICE tourism market in Australia is grappling with the post-pandemic recovery of international travel, with lingering concerns over global health conditions, which affect the flow of international visitors. Another significant challenge is the competition from other countries offering similar MICE tourism packages but at more affordable prices. Australia`s relatively high travel and accommodation costs can make it a less attractive destination for large-scale MICE events. Additionally, environmental sustainability concerns have forced the MICE tourism industry to adapt to more eco-friendly practices, which can be costly and challenging to implement without compromising the quality of the events.
MICE tourism in Australia offers diverse investment options across venue development, tech-driven event planning services, and corporate travel logistics. Theres growing demand for eco-certification of venues and carbon-offset programs, allowing investors to support green innovations. Regional tourism boards and smart destination marketing platforms are also promising areas for capital deployment.
Government policies play a significant role in shaping the MICE tourism market in Australia, primarily through initiatives by Austrade and state-level tourism bodies. These policies provide incentives and support to attract international conferences, trade shows, and business events to Australia. Funding is available for event organizers to assist with promotional efforts and attracting international delegates. Additionally, the Australian government is increasingly focused on sustainable tourism practices, encouraging the MICE industry to adopt eco-friendly practices. The government also offers support for infrastructure development to accommodate large MICE events, although rising costs in the tourism sector and changing international travel policies may limit the effectiveness of such policies in maintaining Australias competitive edge in the global MICE tourism market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Mice Tourism Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Mice Tourism Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Mice Tourism Market - Industry Life Cycle |
3.4 Australia Mice Tourism Market - Porter's Five Forces |
3.5 Australia Mice Tourism Market Revenues & Volume Share, By Event, 2021 & 2031F |
4 Australia Mice Tourism Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Mice Tourism Market Trends |
6 Australia Mice Tourism Market, By Types |
6.1 Australia Mice Tourism Market, By Event |
6.1.1 Overview and Analysis |
6.1.2 Australia Mice Tourism Market Revenues & Volume, By Event, 2021- 2031F |
6.1.3 Australia Mice Tourism Market Revenues & Volume, By Meeting, 2021- 2031F |
6.1.4 Australia Mice Tourism Market Revenues & Volume, By Incentive, 2021- 2031F |
6.1.5 Australia Mice Tourism Market Revenues & Volume, By Conventions, 2021- 2031F |
6.1.6 Australia Mice Tourism Market Revenues & Volume, By Exhibitions, 2021- 2031F |
7 Australia Mice Tourism Market Import-Export Trade Statistics |
7.1 Australia Mice Tourism Market Export to Major Countries |
7.2 Australia Mice Tourism Market Imports from Major Countries |
8 Australia Mice Tourism Market Key Performance Indicators |
9 Australia Mice Tourism Market - Opportunity Assessment |
9.1 Australia Mice Tourism Market Opportunity Assessment, By Event, 2021 & 2031F |
10 Australia Mice Tourism Market - Competitive Landscape |
10.1 Australia Mice Tourism Market Revenue Share, By Companies, 2024 |
10.2 Australia Mice Tourism Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |